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boehner's plan. with no deal in the works you are likely to see a smaller pay check. ktvu's consumer editor tom vacar joins us to detail what it will cost taxpayers. >> reporter: indeed, more than a cliff for some. >> reporter: for more and more americans, the fiscal cliff is being viewed as a failure of government. >> they are on vacation, doing whatever they are doing. they don't care. >> i just don't think they will ever come to an agreement. both parties are so far apart that there is no common ground. >> reporter: if you make between 50-60,000 deal, taxes go up $92 per bye-weekly pay check. most employers will wait for the irs and will continue to deduct at the current rate. >> supposed to be pub luck servants and we can't get a compromise going. what is the right term? >> a lot of times it seems you are not being represented. you have interests over riding the people's concerns. that is an example of what happens in congress. >> the lowest income folks' check will shrink by 3%. top earners 6%. that says nothing of loss deductions or other unknowns. >> political parties need to
the republicans have to say. >> reporter: house majority leader eric cantor and speaker john boehner were meeting with fellow repub scans. neither was too excited, expressing deep concerns. house gop members considering making amendments like adding spending cuts. that would force the bill back to the senate with the deadline bearing down on everyone. the legislation raises revenue by increasing taxes on the affluent but contains almost no spending cuts. it makes the spending cuts permanent for families making less than 450,000 per year and provides another year of unemployment benefits for two million people but payroll taxes are going up. vice president joe biden who negotiated the deal with mitch mcconnell also on the hill trying to get support from house democrats. and the political wrangling is far from over. no matter how this deal turns out both sides headed for major clash by the end of february over whether or not to raise the nation's debt ceiling. at the white house, ed henry, fox news. >> despite a wee hours of the morning fiscal cliff deal in the senate, the house of representatives
the bill should not be stopped by the fiscal cliff. speaker john boehner has not decided whether to consider the bill before the current house session ends on january 3rd. >>> more than 100,000 people are still sitting in the dark and cold in arkansas tonight. 130,000 homes and businesses are without power after a christmas day blizzard from more than 15-inches of snow to the state. utility crews are working around the clock. some areas may not get the lights back on until the new year. >>> it's cold and gray out there, dark any way. >> already, we're tracking a few more rain showers with the radar right now. that trend will continue over the next few hours on live storm tracker 2. we'll take a closer look right now. a closer inspection. there we go at the live doppler sweeps. you see the south bay, reports of light rain moving into the san mateo county coastline also into pacifica. as you can see for this part of the region and checking more activity coming up. let me reset this for you. come in a little tighter once again. the light rain does the light green does translate to r
Search Results 0 to 2 of about 3

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